Regulatory filings show GameStop CEO and chairman Ryan Cohen bought 1 million shares of the company in the open market. After the disclosure, the stock extended its gains in after-hours trading, rising about 4%.

India’s gold ETFs recorded net inflows of Rs 2,596 crore in August, up 67% from Rs 1,558 crore in July and 19% higher than August 2025. Gold prices rose around 15% from July to August, supported by geopolitical uncertainty, a weaker dollar and falling Treasury yields. Analysts say investors should view gold mainly as a diversification tool and keep allocations appropriate, rather than chasing recent gains.

India’s cotton yarn prices have risen 60% since early 2026 to about Rs 400 per kg, lifting costs across the textile chain. Provisional government data show cotton output at 290.91 lakh bales in the 202526 season, down from 352.48 lakh bales in 202021, contributing to an estimated shortage of around 10 lakh bales. Tiruppur exporters say the surge has pushed production costs up by as much as 15%, tightening margins. The industry is also grappling with concerns that recent free trade agreements may not translate into gains if input costs remain elevated.

Stronger expectations for further U.S. rate hikes kept gold hovering near a one-week low as investors waited for upcoming U.S. CPI data. Spot gold was $4,318.88 an ounce, while December futures fell 1.1% to $4,359.50. The European Central Bank also raised rates to counter energy-driven inflation. Silver, platinum and palladium were broadly lower.

The dollar held near its weekly highs while the yen stayed under pressure as concerns over Middle East energy supply disruptions persisted. U.S. producer prices rose 0.4% in August, in line with expectations, driven mainly by a rebound in energy prices. Brent crude futures climbed above $100 a barrel and extended gains in Asia to $108.96. Risk aversion lifted the implied probability of a Fed rate hike next week to 70%, while the U.S. 10-year yield rose to 4.965%.

Asian stocks and government bonds weakened as rising oil prices and fresh inflation data pressured risk appetite. The MSCI Asia Pacific Index fell 1.3%, with Japan and South Korea leading losses. Brent crude extended gains after climbing to almost $110 a barrel, lifting U.S. Treasury yields to multiyear highs. Faster-than-expected producer-price growth reinforced market expectations for a Federal Reserve rate increase.

U.S. stocks finished lower, with the S&P 500 down 0.58%, the Nasdaq Composite off 0.64% and the Dow Jones Industrial Average falling 0.60%. Brent crude jumped 6% to $107 a barrel and U.S. Treasury yields rose to multiyear highs, reinforcing expectations for a Federal Reserve rate hike next week. Markets also weighed the risk that U.S.-Israeli military action on Iran could disrupt supply routes through the Strait of Hormuz and the Red Sea, adding to energy costs and inflation pressure.

US Treasury yields climbed to multiyear highs, with the 10-year yield approaching 5%, after benchmark oil prices surged more than 5% to their highest level since May. The move revived inflation concerns and strengthened expectations for higher Federal Reserve rates, with traders lifting the chance of a hike as soon as next week to about 70%. Rising government debt supply and fiscal worries added to pressure on bonds ahead of key US inflation data.

US producer prices rose 5.4% in August from a year earlier, up from 4.8% in July, while the index increased 0.4% from July to August. Oil prices climbed above $100 a barrel amid renewed fighting in the Middle East, and regular gasoline has surged 44% since late February, according to AAA data. Core producer prices, excluding food and energy, rose 0.2% over the month, adding to questions about how sticky inflation could factor into the Federal Reserve’s next rate decision.